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(REFEX) Refex Industries complete technical analysis [charts+indicators] | Buy/Sell Refex Industries | (REFEX) share price targets

Complete technical analysis of Refex Industries (REFEX) by charts plus indicators, forecast predictions and share price targets for Refex Industries (REFEX)

Refex Industries trades in NSE in Industrial Gases sector.

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Refex Industries is 471718

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	151.80	146.00	157.65	143.00	3.846 times
06 Thu Jun 2024	139.65	136.25	139.65	135.10	0.657 times
05 Wed Jun 2024	133.00	130.60	137.00	124.25	0.971 times
04 Tue Jun 2024	130.55	137.00	137.00	130.50	0.971 times
03 Mon Jun 2024	137.35	141.80	141.80	136.05	1.116 times
31 Fri May 2024	135.05	136.00	136.05	132.85	0.462 times
30 Thu May 2024	134.60	137.30	138.35	134.05	0.608 times
29 Wed May 2024	137.45	134.15	139.70	134.15	0.739 times
28 Tue May 2024	137.20	142.85	145.00	135.70	1.206 times
27 Mon May 2024	142.85	137.00	147.00	137.00	1.413 times

Stock of Refex Industries (REFEX) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 152 as stoploss in an intra day sell trade for a target of 144.08. However, stock will show a bullish move above 152.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	124.25
Downside Target	130.00
Downside Target	139.15
Downside Target	147.00
Upside Target	156.40
Upside Target	159.80
Upside Target	163.70
Upside Target	172.80
Upside Target	175.50
Upside Target	550.05
Upside Target	695.90
Upside Target	702.80

Intraday share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Intraday Target	131.48
Downside Intraday Target	111.17
Upside Intraday Target	164.88
Upside Intraday Target	177.97
Downside Intraday Target	144.57

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	151.80	141.80	157.65	124.25	1.707 times
31 Fri May 2024	135.05	137.00	147.00	132.85	1.001 times
24 Fri May 2024	143.00	152.00	159.80	142.90	1.382 times
18 Sat May 2024	150.90	147.50	156.40	139.15	0.563 times
10 Fri May 2024	145.00	162.30	163.70	141.20	0.971 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Refex Industries (REFEX)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	151.80	141.80	157.65	124.25	0.38 times
31 Fri May 2024	135.05	167.95	172.80	132.85	0.703 times
30 Tue Apr 2024	165.85	137.85	175.50	132.10	3.778 times
28 Thu Mar 2024	134.20	653.00	695.90	130.00	2.248 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Refex Industries (REFEX)

Price action analysis of Refex Industries ( (REFEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Refex Industries ( (REFEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Refex Industries ( (REFEX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Refex Industries ( (REFEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Refex Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Refex Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Refex Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Refex Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Refex Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 141.62 and Refex Industries (REFEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Refex Industries (REFEX) stock. Volume based technical analysis of Refex Industries (REFEX) stock is negative.

Refex Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.